The Influence of Tax Policies on Investment Decisions and Business Development of Micro, Small, and Medium-Sized Enterprises (MSMEs) and its Implications for Economic Growth in Indonesia
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 07
Abstract
This study investigates the relationship between tax policies, investment decisions, business growth, and economic growth in Micro, Small, and Medium-Sized Enterprises (MSMEs). The purpose is to examine the influence of tax policies on investment decisions and business development and their implications for economic growth. Using a quantitative strategy based on a survey research design, data were collected from a sample of MSMEs. The findings indicate that favorable tax policies positively influence MSMEs' investment decisions and business growth. Policymakers should design tax policies that incentivize investment and business growth, while MSMEs should strategically leverage favorable tax policies to drive growth and competitiveness. The study's limitations include its regional focus and reliance on self-reported data. Future research should take longitudinal studies and contextual factors into account. Overall, the study provides policymakers and MSMEs with insights for promoting sustainable growth and development in the MSMEs sector, resulting in favorable economic outcomes.
Authors and Affiliations
Anna Sofia Atichasari, Asep Marfu
Keywords
Related Articles
- EP ID EP727224
- DOI 10.47191/jefms/v6-i7-32
- Views 33
- Downloads 0
The Nexus between Shepherd Leadership and Modern Leadership Models: A Systematic Literature Review
Leadership theorists’ have time immemorial endeavoured to conceptualise the best leadership models that would meet the challenges of our ever-changing business landscape. Many theorists have postulated theories on human...
Effect of COVID-19 Stay at Home Requirement on Household Incomes in Uasin Gishu County, Kenya
Pandemics are not a new phenomenon since they have happened numerous times throughout human history. Due to the globalization and interconnectedness of the business world today, the steps taken by governments around the...
The influence of Company Size, Business Risk, Profitability, Liquidity, and Asset Structure in Automotive Sector Industry Companies Listed On the IDX For The 2018-2020 Period
This study aims to analyze the effect of company size, business risk, profitability, liquidity, and asset structure on debt policy in automotive industry companies listed on the Indonesia Stock Exchange for the 2018-2020...
Credit to Private Sector, Corruption Perception and Economic Growth of Comesa Countries
Credit to Sector private is known as financial resources given to the private sector, including loans and advances, non-equity securities purchases, trade credits, and other receivables, that establish a claim for recove...
The Effect of Inflation, Interest Rate, Gross Domestic Product, Operational Efficiency Ratio, Loan to Deposits Ratio in Private Bank Return on Asset in IDX
Private Bank activities can’t be separated from the company’s profit known as Return On Assets. Bank management needs to maintain the amount of Return On Assets. The goal of this study is to examines the effect of inflat...